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Nov 6, 2012
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chuck, thank you for joining us. let's go through it. handicap it for us. how do you see the election playing out right now? >> the president has a very slight advantage. nobody really knows just because the republican enthusiasm has always been a real wild card. the president closed fairly strongly by virtue of this gift with the hurricane. so we'll see. >> chuck, one of the things and i was looking through some of the notes in terms of your forecasts, there is a suggestion that president obama could win the electoral vote but lose the popular vote. what are the implications from an investment perspective if that's the case? >> closeness will matter in our view. if the president were to really have that kind of split verdict, it gives him a very, very diminished mandate, very much like george w. bush had after the counting stopped in florida back in 2000 and al gore had won the popular vote by 540,000 votes. thanks to a lot of factor, george bush was able to ram through tax cuts at the beginning of his tenure. but he had a very tainted early presidency. an
chuck, thank you for joining us. let's go through it. handicap it for us. how do you see the election playing out right now? >> the president has a very slight advantage. nobody really knows just because the republican enthusiasm has always been a real wild card. the president closed fairly strongly by virtue of this gift with the hurricane. so we'll see. >> chuck, one of the things and i was looking through some of the notes in terms of your forecasts, there is a suggestion that...
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Nov 6, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> welcome back. what a nice election day rally today on our hands. that's not always the case. take a look at these other election day moves. >> let's do that, shall we? the headline is that election day the stock market rarely moves 1%, either up or down. rarely does. for example, back to 1992. this is when bill clinton was first elected. the market moved 0.67% that day. >> on the day. before we actually knew, though. >> this is the day of the election itself. this is the day we're living through right now in 2008. let's
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 6, 2012
11/12
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stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ >>> welcome back. this is a live picture of voters in virginia. the key swing state has 13 electoral votes up for grabs. now take a look at new jersey voters. this is a live picture in cherry hill. they weren't hit as hard by sandy as coastal and northern new jersey residents. the state has extended the deadline for displaced voters to return their ballots to 8:00 p.m. on fr
stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it --...
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Nov 6, 2012
11/12
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good to have you with us. how do we counter claims that romney is better for the investor class and better for wall street? >> good afternoon. good afternoon to my friend anthony. >> that means the hammer is coming down. >> harold is in an undisclosed location feeling bad about the election. go ahead. >> two things. first, the big issues, two big concerns for the markets and for leaders on the front and wall street and main street. what happens? how do we address it? and the foreign policy issues for the next m re-elected or an elected president. you have iran, israel, the situation in east china sea. you have syria which will be a backdrop for anyone. naturally exploration of the bush tax cuts as they are called. sequestration and the payroll tax cuts and so forth. what's clear from the campaign, the first debate made clear by both candidates. both understand revenue has to with a part of any long term deal. the wealthiest americans should not anticipate a reduced tax burden if elected. president obama has go
good to have you with us. how do we counter claims that romney is better for the investor class and better for wall street? >> good afternoon. good afternoon to my friend anthony. >> that means the hammer is coming down. >> harold is in an undisclosed location feeling bad about the election. go ahead. >> two things. first, the big issues, two big concerns for the markets and for leaders on the front and wall street and main street. what happens? how do we address it? and...